Process

Six simple steps to bridging finance

With many years of experience in bridging finance, we have developed robust, hassle-free processes that stand up to the tightest deadlines – with payouts often in just 48 hours. When the money is needed quickly, we will fast track your case and can even run the legal and underwriting processes in tandem – saving valuable time.

Because we meet every borrower to better understand their requirements we will often provide bridging finance to suit each individual case. And remember, you always have access to a decision maker and will be kept informed how the case is progressing at each step.

1

Initial Enquiry

Submit an enquiry by completing the Application form at the bottom of this page, emailing us at enquiries@romafinance.co.uk or by calling us on 0161 817 7480

2

Agreement in Principle (AIP)

We will issue an AIP which details the documentation we require to underwrite the loan, including Open Banking instructions.

3

Valuation & Borrower Meeting Arranged

We will usually instruct a 3rd party to undertake the valuation and we will also arrange to meet your borrower face-to-face. We never lend without meeting the borrower.

4

Confirmation of Terms

After we’ve met the borrower and underwritten the case, we will confirm the loan terms

5

Solicitors Instructed

Once you or your borrower has accepted the terms, we will instruct our solicitor to send the legal papers required for completion to your solicitor.

6

Completion

Funds are released and we might also release funds to your solicitor before the due diligence process has been completed.

When it’s essential that a priority case needs to complete within 48 hours, we will run stages 2, 3, 4 and 5 in parallel and we will also release funds to our solicitor before the due diligence process has been completed in order to minimise transaction delays.

In fact the quickest deal we’ve ever been involved in completed within 5½ hours of the initial enquiry, though that was an exceptional case!

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